What is Western Asset Intermediate Muni Fund Inc.'s Shariah compliance score?

Western Asset Intermediate Muni Fund Inc.'s (SBI) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Western Asset Intermediate Muni Fund Inc. pass AAOIFI screening?

Western Asset Intermediate Muni Fund Inc. (SBI) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (SBI: 0.0%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Western Asset Intermediate Muni Fund Inc. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Western Asset Intermediate Muni Fund Inc. (SBI) using the latest financial data.

Where can I screen Western Asset Intermediate Muni Fund Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Western Asset Intermediate Muni Fund Inc. (SBI) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about SBI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

SBI: Is Western Asset Intermediate Muni Fund Inc. Halal?

Western Asset Intermediate Muni Fund Inc.

NYSEFinancial ServicesUS

$7.62

+0.26%

Market Cap: 107.3M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Western Asset Intermediate Muni Fund Inc. (SBI) halal? Not Halal. Based on AAOIFI screening, Western Asset Intermediate Muni Fund Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

100.0% of 5.0% limit

100% of the basket's holdings were screened individually.

About Western Asset Intermediate Muni Fund Inc.

The Western Asset Intermediate Muni Fund Inc. functions as a closed-end mutual fund focused on fixed income investments. Its primary oversight comes from Legg Mason Partners Fund Advisor, LLC, with Western Asset Management Company acting as a co-manager. The fund's investment strategy is concentrated within the United States' fixed income markets. A key aim is to provide investors with income that is exempt from federal taxation, achieved predominantly by allocating capital to investment-grade municipal securities. To build its portfolio, the fund utilizes a rigorous, proprietary research methodology. Its financial performance is benchmarked against the Barclays Capital 1-15 Year Municipal Bond Index. This U.S.-domiciled fund was established on December 19, 1991, and was previously known as the Intermediate Muni Fund Inc.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Basket-weighted haram holdings exceed 5% (100.0%)

Basket Composition

100% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

100%

Halal0%

Doubtful0%

Not Halal100%

Unknown0%

Top Holdings

TENNESSEE ENERGY ACQUISITION CORP (TN)Not Halal1.85%ILLINOIS SPORTS FACS AUTHORITY (IL)Not Halal1.83%TEXAS TRANSN COMMNNot Halal1.66%PUERTO RICO SALES TAX FINANCING CORPNot Halal1.43%NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY (THE) (NY)Not Halal1.33%NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY (NJ)Not Halal1.30%NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY (THE) (NY)Not Halal1.28%BLACK BELT ENERGY GAS DISTRICT (THE) (AL)Not Halal1.25%TRIBOROUGH BRIDGE AND TUNNEL AUTHORITY (NY)Not Halal1.25%NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)Not Halal1.25%

Fiscal: N/AData source: FMP-LOOKTHROUGH

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

GLDA+

SPDR Gold Shares

$398.55

+0.17%

SLVA+

iShares Silver Trust

$57.44

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

CEFA+

Sprott Physical Gold and Silver Trust

$43.28

+4.44%

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Free · No credit card required

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Frequently Asked Questions

Is Western Asset Intermediate Muni Fund Inc. (SBI) halal to invest in?

Western Asset Intermediate Muni Fund Inc. (SBI) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Western Asset Intermediate Muni Fund Inc. get a F compliance rating?

Western Asset Intermediate Muni Fund Inc.'s compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.

What could change Western Asset Intermediate Muni Fund Inc.'s Shariah verdict?

Western Asset Intermediate Muni Fund Inc.'s verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.

How often is Western Asset Intermediate Muni Fund Inc. re-screened for Shariah compliance?

Western Asset Intermediate Muni Fund Inc. (SBI) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 26, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.